In order to encourage local production of palm oil, the Federal Government of Nigeria has a 35% tariff on imported palm oil in place. Through the Agricultural Transformation Agenda and other State Government Schemes there are plans to expand oil palm production by providing improved seedlings to farmers to expand and or replant their ageing…
Palm oil is an important product used for food and industrial purposes such as vegetable oil, margarines, seasoning for noodles, confectionery as well as personal care products in Nigeria. In 2012, demand for palm oil in Nigeria was about 1.4 million tons valued at about 406 billion naira. However, in-country production remains below total demand…
Palm Oil production in Nigeria has experienced decline from the 1960’s when the country was producing 45% of the global output to a current output that represents 1.7% of the global palm oil output. Local production of palm oil has stagnated at a little less than a million metric tons since 2012, creating an estimated…
Market Development for the Niger Delta (MADE), a project funded by the Department for International Development (DFID) commissioned this mapping of oil palm clusters to provide investment information and support the promotion of improved practices, both in field and post harvest and provide potential information for the improvement of the oil palm sector. Loading……